2011 Peer City Review MID/DSA Dashboard Live Work Shop Play Peer Cities Geographic Diversity Similar Economic Composition Similar Size Challenges Defining “Downtown” Needed to define peer downtowns • Used local definitions/publications • Defined by streets? Zip code? Census tracts? Needed a comparable size • Each needed to be about 3 sq. miles Needed to find • E.g. Taxable retail sales data that were data were not available available for everywhere, needed to find each downtown alternative Live Figure 1. Total Downtown Population and Resident Density (2011) 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 - San Francisco Seattle Philadelphia Boston Total Estimated Population San Diego Denver Portland Minneapolis Charlotte Total Residents per Square Mile Seattle ranked 2nd in total downtown residents (59,884) and 3rd in resident population density Live Figure 2. Percent Growth in Downtown Residents (2000 -2011) 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Charlotte San Diego Denver Portland Minneapolis Seattle San Philadelphia Francisco Boston Downtown Seattle experienced a 26% increase in residents since 2000 yet ranked 2nd in the absolute number of new residents Seattle is highest of downtowns with populations above 30,000 residents Work Figure 3. Downtown Employment and Job Density (2009) 300,000 250,000 200,000 150,000 100,000 50,000 - Boston* San Philadelphia Francisco Seattle Total Employees Minneapolis Denver Portland San Diego Charlotte Employees per sq. mile One of the most productive downtowns in the United States, over 202,000 jobs Room to improve employment density, rank 4th amongst peer cities Work Figure 4. Average Percent of Total City Employment Located Downtown (2002-2009) 50% 40% 30% 20% 10% 0% Minneapolis San Francisco Boston* Seattle Philadelphia Denver Portland Charlotte San Diego Downtown Seattle is home to more than 45 percent of Seattle’s total jobs Downtown Seattle employees earned more than $11.3 billion in salaries and benefits in 2009 Work Figure 5. Average Percent of Total City Employment Located Downtown (2002-2009) 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Seattle Portland San Francisco Professional, Scientific and Technical Services Healthcare and Social Assistance Educational Services Other San Diego Denver Finance and Insurance Retail Trade Admin and Support, Waste Management Minneapolis Charlotte Philadelphia Public Administration Accomodations and Food Services Information Most downtowns are centers for the finance and professional services sectors Downtown Seattle has the largest healthcare sector amongst peer cities Shop Figure 6. Retail Jobs to Total Employment Ratio (2009) 20,000 18,000 San Francisco 16,000 14,000 12,000 Seattle 10,000 8,000 Boston 6,000 Philadelphia Portland 4,000 Minneapolis San Diego 2,000 Charlotte - 50,000 100,000 Denver 150,000 200,000 250,000 300,000 Seattle has a large retail sector, both as a percent of total downtown employment and in absolute terms (11,634) Downtown Seattle is well above the sample retail employment ratio of 3.4 percent Play Figure 7. Entertainment Sector Ratio (2009) 35,000 San Francisco 30,000 Boston 25,000 Seattle 20,000 Philadelphia 15,000 San Diego 10,000 Denver Minneapolis Portland Charlotte 5,000 - 50,000 100,000 150,000 200,000 250,000 300,000 Downtown Seattle is below the sample entertainment employment ratio, although SoDo was not included in the sample Entertainment sector combines traditional arts & entertainment with accommodations and restaurants Key Findings Downtown Seattle has a large downtown population that continues to grow (59,800+) Downtown has more than 202,000 employees, edging closer to San Francisco and Boston Room to improve downtown employment density, rank 4th Downtown Seattle is a major retail center Lower percent of downtown economy devoted to entertainment sector than peer cities Thank you for your time Any Questions?